Housing viability appraisal report Essay Example | Topics and Well Written Essays - 250 words

Housing viability appraisal report - leaven ExampleAccording to the findings of the report, implementing the proposal is a great idea. Because of the high demand for housing, and the accessibility of the location, implementing the project depart generate high profits.2.1 The demand for accommodation in this place shows that a space of schedule of 6,040 sq. m. (all dough internal areas) of saleable space is required to accommodate residential politics. and 1010 sq.m for affordable housing , In appendix to that, 745 sq. m. (8,021 sq. ft.) of commercial and 5,219 sq. m. of home- office have also been proposed. I understand that there will be 98 home-office, including 11commercial which will provide a total of 9 spaces for the offices, 1 for the garbage and 88 for the residential flats would be constructed.3.1 The first step in implementing this project is seeking permission to develop the project from the authorities. This will pop off through an application, explaining the reaso n for the project, its benefit to the people, its environmental accessibility, and the expected revenues. Additionally, it will include the expected costs and the sources of the funds. by and by acquiring a permit, the s106 agreement will be ready for commencement. Comprising of 30-49 one sleeping accommodation, 50-79 two bedroom, and 80-119 three bedroom flats, the project is likely to take 36 months to complete. The proposed one-bedroom flats will measure 30 square metres, while a two bedroom will measure 56 square metres. A three bedroom flat will measure 100 square metres and a 4 bedroom flat measure close to 140 square metres. A similar project constructed in the same area currently sells at 6000.After completion of the project, defrayal of the flats will be spread across six quarters, with the first payment expected at the end of Q6. Projected revenues for the sale of the flats indicate that for every